If you've been putting off filing your tax return this year, here's some good news. The IRS and Treasury Department have delayed the filing deadline by another month.
The new deadline to file will be May 17. "This continues to be a tough time for many people, and the IRS wants to continue to do everything possible to help taxpayers navigate the unusual circumstances related to the pandemic, while also working on important tax administration responsibilities," IRS Commissioner Chuck Rettig said in a statement.
Democratic leaders of the House Ways and Means Committee called the extension "absolutely necessary."
The announcement means taxpayers can also delay payment of money owed to the IRS for the 2020 tax year normally due in April to May 17. Payers that need more time to file returns can file Form 4868 to request an extension until Oct. 15, but must still pay taxes owed by May 17.